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Ambitious Plans for a Building Where Sears Served Atlanta
Published: August 16, 2011
ATLANTA — As large as 20 Wal-Mart stores, the cavernous former Sears building now known as City Hall East towers above a motley assortment of restaurants, underground dance halls and a strip club a few miles northeast of downtown. The building, which at 2.1 million square feet is the largest brick structure in the South, according to its owners, has been mostly vacant since Sears left in 1989.
But now there is a plan to salvage the space. A prominent Atlanta-based developer, Jamestown Properties, which owns Chelsea Market in Manhattan, bought the building from the city last month for $27 million. It expects to spend $180 million to convert it to a mixed-use cluster of restaurants, apartments, office space and perhaps even a rooftop amusement park, all renamed Ponce City Market, by early 2014. “That’s a big hunk of building, and it’s been dead space for so long,” said D …

See the full article from “New York Times”